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Salesforce Inc

salesforce.com

What Do They Do?

Sells cloud software for sales, customer service, marketing and commerce to businesses, bringing customer data and applications together on a shared platform.

How Do They Make Money?

Businesses pay subscription fees for cloud access and support over contract terms; invoices are typically annual and due within 30 days. Professional services are billed by time, fixed price or subscription.

FY2025 revenue by product or service revenue
SegmentShareRevenue
Subscription and support
95%
FY2022: 93%
Professional services and other
5.2%
FY2022: 7.4%

Who Are Their Customers?

Sells to businesses of all sizes across nearly every industry worldwide, mainly through direct sales and self-service, with partners also referring leads and helping sell.

Do Revenues Turn Into Profits?

Yes. It kept 18 cents of every revenue dollar as net income in FY2025 and turned 35 cents into free cash flow.

Operating income, FY2025
20% of revenue
▲ +16% vs FY2024 ($7.2B, 19%)
Net income, FY2025
18% of revenue
▲ +20% vs FY2024 ($6.2B, 16%)
Free cash flow, FY2025
35% of revenue
▲ +16% vs FY2024 ($12.4B, 33%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2027, the three months to Jul 31, 2026
Revenue
▲ +11%
vs $10.2B in Q2 FY2026
Net income
▲ +87%
vs $1.9B in Q2 FY2026
Subscription and support share of revenue vs 94.7% in Q2 FY2026

Growing. Revenue grew 57% in 4 years, from $26.5B in FY2021 to $41.5B in FY2025, about 12% a year.

Adding autonomous AI agents The older report describes a customer-data platform with sales, service, marketing and commerce tools; the latest adds a platform layer for building and deploying autonomous AI agents across business functions.

Revenue over time
Subscription and support Professional services and other
$50B$25B$0

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